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What application scenarios does Ethereum currently have?
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Although recent price fluctuations of Ethereum have disappointed some, it remains one of the most 'applicable' platforms in the entire blockchain world. Here are five of the most representative application scenarios currently:
🧾 1. Decentralized Finance (DeFi)
Ethereum is the home of DeFi (Decentralized Finance), providing financial services without third parties through smart contracts, such as:
• Lending platforms: such as Aave, Compound
• Decentralized exchanges: such as Uniswap, Curve
• Stablecoin protocols: such as MakerDAO (issuing DAI)
Although recent price fluctuations of Ethereum have disappointed some, it remains one of the most 'applicable' platforms in the entire blockchain world. Here are five of the most representative application scenarios currently:
🧾 1. Decentralized Finance (DeFi)
Ethereum is the home of DeFi (Decentralized Finance), providing financial services without third parties through smart contracts, such as:
• Lending platforms: such as Aave, Compound
• Decentralized exchanges: such as Uniswap, Curve
• Stablecoin protocols: such as MakerDAO (issuing DAI)
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